Lebanese Institution for the Blind (L. I. B)

Finance

Balance sheet.

Report of the auditor on the balance sheets and accounts of the Lebanese Institution for the BlindClosed on 31/12/2016Sin El Fil, 18/02/2017

Honorable founder and general supervisor of the Lebanese Institution for the Blind Dr. Issa El-Maalouf,

To carry out the mission entrusted to us by your honorable administration regarding the auditing of the year 2016 activities of L. I. B,

We have reviewed the attached balance sheet and all the financial statements required for L. I. B closed on 31/12/2016 as well as the expected budget for 2017.

The mentioned financial statements are the responsibility of the management of L. I. B. Our liability is limited to express the opinion on these statements based on our audit activity done in accordance with the common rules to obtain acceptable conviction that the statements are free from significant mistakes.

Our review included conducting the necessary inspection of some registrations, records and documents evidences of the amounts and disclosures in the financial statements, as well as other auditing procedures that we found appropriate. We believe that our audit is a reasonable basis for our opinion.

In our opinion, the financial statements present fairly and validly the financial status of L. I. B closed on December 31st, 2016 and the results of its operations for the year ended in accordance with generally accepted accounting principles.